News

In this week's Pensions Buzz we want to know if you think Frank Field, chairman of the Work and Pensions Committee, is a good thing for pensions.

The trustee of master trust Now Pensions has been fined and given a set of stringent deadlines to fix long-running pension scheme issues, The Pensions Regulator (TPR) announced today.

Some 54% of savers are 'very' or 'fairly' confident their retired income will provide their desired standard of living, data from the Office for National Statistics (ONS) has revealed.

Aviva has introduced Origo's bulk transfer service in a bid to speed up processes and further improve data security for schemes.

Documents published by two select committees reveal there were warning signs about construction group Carillion's position and illustrate the "chronic underfunding" of the 13 UK defined benefit (DB) schemes.

Entering a Pension Protection Fund (PPF) assessment when Box Clever went bust would have "jeopardised" its scheme's ability to secure additional sources of funding, the Upper Tribunal has been told.

Hendrik du Toit, founding CEO of Investec Asset Management, is to become co-CEO of the wider Investec Group from 1 October 2018, as John Green and Mimi Ferrini step up to become joint-CEOs of the asset management business.

The BT Pension Scheme (BTPS) will close to future accrual for managers in May 2018, and will them into the telecoms giant's defined contribution (DC) scheme.

Scottish Widows has reinsured the longevity risk for around £1.3bn of its bulk annuity liabilities with The Prudential Insurance Company of America (PICA).

Spence & Partners has been appointed to provide consultant services to the £95m Edinburgh Airport defined benefit (DB) pension plan.